Export Credit Insurance Corporation of South Africa SOC Ltd (ECIC)

The mission of the Export Credit Insurance Corporation of South Africa SOC Ltd (ECIC) is to provide export credit and investment insurance solutions in support of South African capital goods and services by applying best practice risk management principles.

To support this mandate, the ECIC evaluates export credit and foreign investment risks and provides export credit and foreign investment insurance cover on behalf of the government; and underwrites medium and long-term loans, including equity investments for the export of capital goods and services from South Africa. The ECIC extends its services as far as it can, consistent with preserving the financial viability essential to its long-term support of capital goods and services; and provides sound and efficient financial services that contribute to public confidence and comply with international standards.

Through its mission, the Corporation is committed to reaching the strategic goals of the government, namely: acceleration of economic growth; creation and preservation of employment opportunities; and the reduction of economic inequalities.